Net secondary income in Ireland
Ireland: Net secondary income was -4.96 billion BoP, current US$ in 2024. ▼ Falling
Net secondary income in Ireland, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Ireland recorded -4.96 billion BoP, current US$ for net secondary income in 2024.
That represents a change of up 5.5% on the previous year and down 35.5% over ten years.
Over the whole period, net secondary income in Ireland peaked at 284.98 million BoP, current US$ in 2005 and was at its lowest, -5.25 billion BoP, current US$, in 2023.
Ireland ranks 179th of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Net secondary income in Ireland, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 284.98 million BoP, current US$ | — |
| 2006 | -593.57 million BoP, current US$ | -308.3% |
| 2007 | -1.26 billion BoP, current US$ | +112.4% |
| 2008 | -1.88 billion BoP, current US$ | +48.8% |
| 2009 | -1.84 billion BoP, current US$ | -2.1% |
| 2010 | -1.84 billion BoP, current US$ | +0.1% |
| 2011 | -1.69 billion BoP, current US$ | -7.9% |
| 2012 | -3.36 billion BoP, current US$ | +98.4% |
| 2013 | -3.90 billion BoP, current US$ | +16.0% |
| 2014 | -3.66 billion BoP, current US$ | -6.1% |
| 2015 | -3.71 billion BoP, current US$ | +1.3% |
| 2016 | -4.21 billion BoP, current US$ | +13.5% |
| 2017 | -3.50 billion BoP, current US$ | -16.9% |
| 2018 | -4.33 billion BoP, current US$ | +24.0% |
| 2019 | -3.91 billion BoP, current US$ | -9.8% |
| 2020 | -4.37 billion BoP, current US$ | +11.7% |
| 2021 | -5.24 billion BoP, current US$ | +20.0% |
| 2022 | -4.96 billion BoP, current US$ | -5.4% |
| 2023 | -5.25 billion BoP, current US$ | +5.8% |
| 2024 | -4.96 billion BoP, current US$ | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.06 billion BoP, current US$ | -1.88 billion BoP, current US$ | 284.98 million BoP, current US$ | 5 |
| 2010s | -3.41 billion BoP, current US$ | -4.33 billion BoP, current US$ | -1.69 billion BoP, current US$ | 10 |
| 2020s | -4.95 billion BoP, current US$ | -5.25 billion BoP, current US$ | -4.37 billion BoP, current US$ | 5 |
Countries ranked near Ireland
- 176 Austria -4.26 billion BoP, current US$ compare
- 177 Canada -4.56 billion BoP, current US$ compare
- 178 Libya -4.79 billion BoP, current US$ compare
- 180 Denmark -5.27 billion BoP, current US$ compare
- 181 Norway -6.54 billion BoP, current US$ compare
- 182 Russian Federation -7.53 billion BoP, current US$ compare
More economy & growth data for Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.52 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual -4.66 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 9.64 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0489 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 6,431 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 5.02 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0432 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 5,691 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.06 (1998)
Frequently asked questions
- What is net secondary income in Ireland?
- Net secondary income in Ireland was -4.96 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Ireland?
- The highest recorded value was 284.98 million BoP, current US$ in 2005.
- What is the lowest net secondary income recorded in Ireland?
- The lowest recorded value was -5.25 billion BoP, current US$ in 2023.
- How does Ireland rank for net secondary income?
- Ireland ranks 179th out of 199 countries with data for 2024.
- Is net secondary income rising or falling in Ireland?
- Over the last ten years it is down 35.5%. The long-run trend across the full record is falling.
- Where does this Ireland data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.